Friday, January 28, 2022

Top MBA Programs in the U.S. Are Adding Cryptocurrency Classes

Top MBA Programs in the U.S. Are Adding Cryptocurrency Classes

The summer is approaching fast, but that isn’t stopping top MBA programs from adding to their cryptocurrency class schedules. As the demand for blockchain and digital currency courses grows, organizations like Stanford, the University of Pennsylvania and Georgetown are making sure they have enough blockchain classes to keep students happy.

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Knowledge is Power

Back in March, Bitsonline reported that several universities in Illinois were adding cryptocurrency and blockchain courses to their ledgers. From the Illinois Institute of Technology to Northwestern University’s Kellogg School of Management, many colleges and higher-learning institutions within the “Land of Lincoln” were seeing attendee spikes in courses that discussed cryptocurrency applications, smart contracts and cryptocurrency-based computer programs.

In addition, it was reported in February by NYT journalist Nathaniel Popper that top national schools like Carnegie Mellon, the Massachusetts Institute of Technology, the University of Maryland and Duke have “already begun to max out bitcoin course registrations.”

Young People Sure Love Their Crypto

Younger generations have been labeled as particularly loyal to bitcoin and cryptocurrencies, and now stand as some of the most prominent investors in the crypto arena. As more young people are exposed to the benefits of the blockchain and digital assets, it makes sense that they would want to further their knowledge on what are likely to be the dominant technologies in their adulthoods, and colleges around the country are doing what they can to ensure they’re prepared.

At Stanford, many students are looking forward to a new course this coming May. Simply entitled “Cryptocurrency,” the class was brought about by ongoing rallies from students, who claim that while Stanford did have a few digital currency classes in the past, they were never continuous.

“They were always pop-ups,” explained sophomore Itamar Orr. “Many of us will have to discuss blockchain at our jobs. It makes sense to teach it. It gets you a competitive advantage; it’s an extra hammer in your toolbox.”

The Way of the Future

The move has also been pushed by recruiters, who say that employment in venture capital is at an all-time high following an 88 percent increase in blockchain and bitcoin investments just last year.

In addition, the Wharton School in Pennsylvania is offering a new course called, “Blockchain, Cryptocurrency, and Distributed Ledger Technology.” The course will be taught for the first time this fall by professor Kevin Werbach, who is extremely excited about course and says there’s never been a stronger need to teach students about the growing advantages of the blockchain:

“We’re at the point where there’s a critical mass to teach this domain. There will be a real phenomenon in business for the foreseeable future, and five years down the road, there won’t be too many major business schools that don’t offer similar classes.”

Are we bound to see growth in the number of crypto classes being offered? Post your thoughts below.


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